Over 20% Growth: Flexfuel Vehicles Fuel Record Car Boom in Brazil

    Flexfuel car Fiat Punto made in Brazil

    Flexfuel car Fiat Punto made in Brazil The automobile industry in Brazil produced and sold a record number of new vehicles in the first half of 2008, with flex-fuel cars leading the surge according to the auto manufacturers' association, Anfavea.

    Domestic sales soared 30% over the first six months of 2007 to 1.41 million units. In June alone, sales rose 5.8% from May and jumped 28.8% from the month a year ago to 256.000 units.

    Production of new cars rose 21.3% in the first half over a year ago to 1.68 million units, while June output rose 4.8% from May and 23% from the same month a year ago to 303,800 units. Anfavea said it expects strong results from the automotive sector to keep sales and output in record territory through the end of 2008.

    The sale of light cars with flexfuel motors, which can run on any combination of gasoline or ethanol, has been the driving force behind the strong performance in the sector.

    Those sales accounted for 87.5% of all new car sales in June, compared with 87.6% in May and 86.2% in June, 2007. Over the first six months of this year, flex-fuel sales reached 1.17 million units.

    The bull market for sales also extended to farm machinery such as combines and harvesters growing 9.2% in June over May and 50.5% over June 2007 to 5.100 units. Over the first half of the year, sales were up 52.4% above the same six months of 2007, reaching 25.400 units.

    Mercopress

    Tags:

    • Show Comments (2)

    • Ch.c jail mate.

      TO CH.C, THE CLOWN OF THE SITE!
      CH, I would love to give you a SURRA DE TAPAS! Your inbecil!!! HOW ABOUT YOU, YOUR DOUGHTER AND YOUR MOTHER TO BLOW ME!! 😉

    • ch.c.

      Great news !
      Great news for Ford, GM, Fiat, VW etc etc and including for BOSCH the German company that invented the Flex Fuel Engine !!!
      None of these companies are Brazilians…to my knowledge !!!!!!!!!!!!

      The same for the sale of trucks !

      And somewhat similar for your farm machinery !!!!!!

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Chavez and Lula, cheek to cheek

    Subdued Chavez Waits for Brazil Vote on Venezuela’s Admission to Mercosur

    The Brazilian Lower House Foreign Affairs Committee began this week to consider the official ...

    Agrarian reform in Brazil

    And Brazil Calls This Land Reform?

    The concentration of lands in the hands of a few Brazilian farmers, an ownership ...

    VLS at Alcântara

    Brazil Ventures into Space with a Little Help from Russia, China and France

    In 2006 Marcos Pontes, a Lieutenant Colonel in the Brazilian Air Force, became the ...

    Brazil Asked to Vote Less Against Israel in the UN

    Brazil and Israel concluded a formal agreement, on Sunday, May 29, that establishes principles ...

    Mali Edition of World Social Forum to Draw Brazil and Africa Closer

    The African edition of the World Social Forum got underway Thursday, January 19, in ...

    Brazil to Enlist Doctors in Fight Against Child Abuse

    In Brazil, approximately 81% of the childbeating cases that arrive in hospitals are caused ...

    Brazil’s Central Bank Survey Forecasts Weaker Dollar

    In the view of the 100 market analysts surveyed by Brazil’s Central Bank (BC) ...

    After Beckham US Soccer Hires Brazil’s Ronaldo

    The US's modest soccer world is abuzz with rumors that the hiring of English ...

    Massacre’s Lesson: Brazil’s Landless Are Not Police Matter

    Flávio Botelho, a Brazilian professor in the nucleus of agrarian studies at Brazil’s University ...